Tiong Woon Corporation Holding Ltd - Sustainability Report 2025

35 TIONG WOON CORPORATION HOLDING LTD SUSTAINABILITY REPORT 2025 CLIMATE STRATEGY AND IFRS S2 DISCLOSURES Climate Scenario Analysis Framework: Scenario Paris-aligned scenario (below 2°C) No mitigation scenario (4°C) Description The world manages to reduce CO2e emissions through several measures. The world fails to curb rising CO2e emissions by Year 2100 and impacts from extreme weather events are assumed to grow in magnitude. Rationale To evaluate the transitional impacts within an economy transitioning to a low carbon world. It reflects measures required to limit global warming to under 2°C. To evaluate the physical risks under a highemission scenario, consistent with a future where policy changes to reduce emissions are limited. Underlying model This model considers factors such as greenhouse gas emissions and policy developments which serve as a foundation for the Group to analyse how different climate scenarios may impact its business operations and strategy over the short-, medium-, and long-term time horizon. This model considers factors such as increased frequency of extreme weather events and rising mean temperature. Climate models and scientific assessments play a key role in shaping the narrative of such scenarios. Assumptions 1. Global adoption of renewable energy, advancements in technology, and regulatory frameworks. 2. Assumptions related to the physical impacts of climate change, such as mean temperature rise and extreme weather events. 3. Collective global effort to mitigate climate change and transition towards a low-carbon economy. 1. The continuation of high GHG emissions and a lack of climate policy. 2. Limited technological advancements in clean energy and low levels of international cooperation to achieve climate goals. METRICS AND TARGETS: COMPREHENSIVE PERFORMANCE FRAMEWORK Our climate metrics framework provides transparent visibility into performance trends while enabling strategic optimisation and continuous improvement. We track both operational performance and strategic progress toward our climate objectives. Refer to the following section on Environmental Stewardship for detailed disclosures of metrics and targets.

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